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To: Brian L who wrote (23715)4/21/1999 3:44:00 PM
From: Cameron  Respond to of 37507
 
To quote from the Globe & Mail -

"Excluding those extraordinary gains, however, Rogers reported a loss of $69.2 million (Canadian) or $.42 per share, compared with a loss of $59.7 million or $.38 per share in the first quarter of 1998."

Rogers needs earnings growth to maintain its PE ratio/market cap... to facilitate acquisitions, etc.